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European Leaders Vow to Fight Financial Crisis.
- Source :
-
New York Times . 10/5/2008, Vol. 158 Issue 54454, p14. 0p. - Publication Year :
- 2008
-
Abstract
- After days of squabbling, the leaders of Europe's largest economies vowed Saturday to work together to stop a growing financial panic, but they failed to offer a systemwide answer to a credit crisis that has forced them to bail out several banks in just the past week. Though they did not agree on a broad bailout along the lines of the $700 billion package that President Bush signed into law on Friday, the leaders of France, Germany, Britain and Italy pledged to prevent a bankruptcy on this side of the Atlantic like the one that brought down the Lehman Brothers investment bank in New York. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *FINANCIAL crises
*POLITICAL leadership
*BANKRUPTCY
*INVESTMENT bankers
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 158
- Issue :
- 54454
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 34610829